FORM 6-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 January 31, 2005 Commission File Number 001-14978 SMITH & NEPHEW plc (Registrant's name) 15 Adam Street London, England WC2N 6LA (Address of registrant's principal executive offices) [Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.] Form 20-F X Form 40-F --- --- [Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).] Yes No X --- --- [Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).] Yes No X --- --- [Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2 (b) under the Securities Exchange Act of 1934.] Yes No X --- --- If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2 (b) : 82- n/a. Total Pages: 5 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Smith & Nephew plc (Registrant) Date: January 31, 2005 By: /s/ Paul Chambers ----------------- Paul Chambers Company Secretary 2 SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company SMITH & NEPHEW PLC 2. Name of shareholder having a major interest FMR Corp and Fidelity International Limited 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 Non-beneficial interest 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Master Trust Bank of Japan 41,200 Brown Brothers Harriman Ltd LUX 287,461 JP Morgan Bournemouth 420,002 Brown Brothers Harriman & Co 11,991,967 JP Morgan Chase Bank 19,020,405 State Street Bank & Trust Company 531,523 Mellon Bank N.A. 3,260 State Street Bank & Trust Company 605,900 Bank of New York Brussels 556,881 Bankers Trust London 195,427 Citibank London 181,254 Clydesdale Bank plc 43,900 JP Morgan Bournemouth 419,600 Mellon Bank 382,375 Midland Securities Services 98,127 Northern Trust London 842,626 State Street Bank & Trust Company London 248,700 The following shares are from the assumed conversion of 128,510 ADRs (5 ordinary shares per ADR): Brown Brothers Harriman & Co 642,500 JP Morgan Chase 50 5. Number of shares / amount of stock acquired 6. Percentage of issued class 7. Number of shares / amount of stock disposed 6,690,516 8. Percentage of issued class 0.71% 9. Class of security Ordinary Shares of 12 2/9p 10. Date of transaction 26.01.2005 11. Date company informed 26.01.2005 12. Total holding following this notification 36,513,158 13. Total percentage holding of issued class following this notification 3.90% 14. Any additional information 15. Name of contact and telephone number for queries Kate Cummins - Company Secretarial Assistant 0207 960 2251 16. Name and signature of authorised company official responsible for making this notification Kate Cummins - Company Secretarial Assistant Date of notification 27.01.2005 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material.